December’s capital raising slowed dramatically, with five small equity-only deals worth roughly $25M-down from $138M across two deals in November. No debt or grant transactions were recorded during the month. Investments skewed heavily toward engineered pathways, including BiCRS, BECCS and marine CDR—reversing November’s nature-only focus. Offtake activity, however, expanded. Six agreements secured around 4.28 Mt of removals; Microsoft’s landmark 3.6 Mt BECCS contract and lar

November saw a rebound in CDR funding, reaching a four-month high, though activity concentrated in just two equity deals—the first equity-only month since April. Nature-based CDR captured all investment this month, while engineered pathways saw no new funding. Equity continued to dominate cumulative 2025 flows, surpassing $5B for the year, with grants anchoring BECCS activity and debt remaining modest. Offtake activity improved slightly, with ten deals signed and a more diver

October saw a slowdown in CDR investment, with $57.4M across four deals, about half of September’s surge. Equity remained the most common format, but debt led in size, driven by the European Investment Bank’s $46.5M investment in Meva Energy. Investors dominated activity, with no corporate or non-profit participation, and BiCRS led the protocol mix alongside smaller Marine Carbon Removal and mixed-protocol deals. ​ Offtake volumes fell sharply to ~457,000 tonnes across five d

The data is clear: over $9.8 billion has poured into carbon dioxide removal (CDR), and the market has produced 12 million tons of annual removal capacity so far. Capital efficiency across different CDR types is going to be a core parameter to track over the coming years. Investment in Carbon Dioxide Removals (CDR) key insights: Capital Efficiency Under Scrutiny- For every billion dollars invested, about a million tons of annual removal capacity has been secured. Increasing

Current Landscape Direct Air Capture (DAC) remains in the early stages of deployment, with global capacity still below 0.1 MMTCO₂/year, but momentum is building. Over 140 developers are active globally, backed by increasing policy support and institutional investment. Costs remain high (in the range of ~1000 – 2000 USD/ tonne CO2e) but innovation in modular systems and electrochemical pathways is accelerating progress. Technology underpins the sector, which is evident in the

Current Landscape Enhanced Rock Weathering (ERW) and Mineralization have recently carved a niche for themselves in the engineered carbon removal (CDR) space, with notable co-benefits for soil health and crop productivity. The sector is developing science and processes and has seen the filing of 12 patents of which 2 have been granted . Investments in Enhanced Weathering (ERW) and Mineralization The sector has garnered attention from institutional investors and corporate playe

Current Landscape Biomass Carbon Removal and Sequestration (BiCRS) commercial deployment is in its early‑stage. Only a handful of biochar and bio‑oil projects are operating, and approaches like biomass burial are still in pilot phases. Activity is concentrated in North America and Europe, though developers in Asia‑Pacific, Latin America and the Middle East are beginning to emerge as policy support and buyer interest spread globally. Patents play a crucial role in the sector,

Current Landscape Soil carbon removal (SCR) has gained increasing attention as a viable method for reducing atmospheric CO₂, offering ancillary benefits such as improved soil health and enhanced agricultural productivity. The global landscape reveals that most SCR credits are issued in Africa, China, and the U.S., with significant expansion occurring in regions like Asia, South America, and Europe. The sector has also seen the filing and granting of 14 patents, underscoring t

Current Landscape Bioenergy with Carbon Capture and Storage (BECCS) is the second largest source of current carbon removals (after afforestation/ reforestation), collectively removing about 1.25 million tCO₂e per year—primarily from ethanol facilities in the U.S. and power plants in Europe. However, over 100 plants are expected to come online by 2030 with more than 70 million tCO₂e per year planned annual capture capacity, backed by increasing policy support and institutional

Current Landscape ARR (Afforestation, Reforestation, and Revegetation) has long been a cornerstone of carbon offsetting efforts, focusing on the capture and storage of atmospheric carbon dioxide through natural processes. These projects not only contribute to mitigating climate change but also offer additional benefits, such as enhanced biodiversity, improved soil quality, and increased resilience of ecosystems. cCarbon estimates over 500 developers spread across the globe wi

Current Landscape Marine carbon dioxide removal (mCDR) encompasses a suite of emerging strategies that harness the ocean’s capacity to capture and store atmospheric CO₂. A diverse range of methodologies are under exploration—ranging from nature-based approaches like seaweed cultivation and ocean afforestation to technological interventions such as ocean alkalinity enhancement (OAE), electrochemical processes, and artificial upwelling. The developer ecosystem is still at an ea

Opportunities, Challenges, Solutions and Lessons Learned While Building a Carbon Negative Economy Summary From London Carbon Removal Investor Conclave 2025 This white paper summarizes the discussion from the Investor Conclave held at the Carbon Removal Investment Summit in London in June 2025 ( https://LondonSummit.cCarbon.info/ ). 32 investors and capital enablers, who have collectively deployed or arranged USD 3 billion+ in the CDR space, participated in a pre-meeting surve